State Street Corporation announced plans to launch a tokenized fund servicing capability from Luxembourg by the end of 2026, expanding its digital asset infrastructure.

The new service, built on the firm’s Digital Asset Platform, will enable the issuance, administration, and custody of tokenized funds while integrating them with traditional fund structures under a unified operating model. State Street Investment Management is expected to be an early adopter.

The company said Luxembourg was chosen due to its supportive regulatory framework for digital assets, with the initiative aimed at combining traditional and digital fund operations within a consistent governance and risk framework.

Source: State Street press release, Business Wire